334-336 Eleventh Street E

Welcome to the charming **Multi-Family Home for sale in Cornwall ** located at 334-336 Eleventh Street E, Cornwall. This well-maintained duplex is not just a property; it’s a golden opportunity for anyone looking to invest in a prime piece of real estate in the heart of Cornwall. Nestled in a desirable central neighbourhood, this property offers immediate rental income and is fully tenanted, making it a hassle-free investment. The tenants cover all utilities, generating an impressive annual gross rental income of £36,249. In a market where cash-flow-positive duplexes are becoming increasingly rare, this **Multi-Family Home for sale in Cornwall** stands out as a compelling choice.

The building itself is a sturdy multiplex, boasting a classic 2-storey style that adds to its appeal. With a total of 12 rooms, including two spacious 2-bedroom units, this property is designed for comfort and functionality. Each unit has been well cared for and updated over time, featuring neutral finishes that are perfect for long-term tenancy. The kitchens have been renovated between 2019 and 2022, and the bathrooms have received similar attention, ensuring that everything is modern and efficient. With two kitchens available, this **Multi-Family Home for sale in Cornwall** is perfect for accommodating multiple families or tenants.

Situated on a generous lot measuring 40 X 103 feet, the property offers ample outdoor space, including a lovely backyard where tenants can unwind. Parking is never a concern here, as the deep lot provides three off-street parking spaces, with a private double tandem driveway for easy access. Although there is no garage space available, the convenience of the driveway makes up for it.

The property is equipped with wall unit air conditioning, ensuring a comfortable living environment during those warm summer months. While there is no pool or fireplace, the family room provides a welcoming space for relaxation and socialising. The heating system is a forced air type, and the property is connected to municipal water and sewer services, ensuring all essential utilities are readily available.

One of the standout features of this **Multi-Family Home for sale in Cornwall** is its recent upgrades. A high-efficiency gas furnace was installed in 2021, and PVC windows have been fitted to enhance energy efficiency. The exterior has also seen significant improvements, with a new balcony and patio set to be completed in 2024, alongside a sealed driveway in 2025. The roof was replaced in 2013, which adds to the overall value and longevity of the property.

As for the furnishings, the units are sold unfurnished, allowing new owners to personalise the space to their liking. However, certain appliances are included in the sale, such as the fridge, stove, dishwasher, washer, and dryer in Unit 334, along with a range hood microwave and a sofa bed in the bedroom. Unit 336 comes with its own range hood and the furnace, which was also installed in 2021. It’s important to note that both water heaters and the space heater in Unit 334 are rented via Reliance, ensuring that maintenance is handled by a professional service.

This **Multi-Family Home for sale in Cornwall** is ideal for investors seeking a turnkey income property or for savvy homeowners looking to offset their mortgage. With solid income potential, low operating exposure, and major capital improvements already completed, this property checks all the boxes. Don't miss out on this rare gem! Book your showing today and unlock the potential of 334-336 Eleventh Street E, Cornwall. Whether you’re looking to invest or simply want to secure a lovely home, this property is a must-see.

Community 717 in Cornwall is a charming and vibrant area nestled within the city of Cornwall, Ontario. This picturesque neighbourhood boasts a blend of residential comfort and local amenities, making it an ideal place for families and individuals alike. With its tree-lined streets, well-maintained parks, and proximity to schools and shopping centres, residents enjoy a sense of convenience and community spirit. The area is also enriched by its cultural diversity, offering a variety of dining options and community events throughout the year. Whether you’re seeking a peaceful retreat or an active lifestyle, Community 717 provides a welcoming environment for all who choose to call it home.

Schools in the Neighbourhood

This property is conveniently located near several educational institutions, making it an ideal choice for families. Within a short distance of approximately 1.2 to 1.5 kilometers, you will find a mix of public and Catholic schools catering to various educational needs. For elementary education, Central Public School offers grades JK to 6 with a school rating of 2.7, while Bishop Macdonell Catholic School, also for grades JK to 6, has a higher rating of 3.5. For secondary education, Cornwall Collegiate and Vocational School serves grades 7 to 12 with a rating of 3.6, providing a solid public education option. Additionally, St. Matthew Catholic Secondary School is available for grades 7 to 12, although it currently has a rating of 0. All schools offer French as the language of study, ensuring a bilingual environment for students. The proximity to these schools not only supports educational opportunities but also enhances the community feel, making it a desirable location for families seeking a nurturing environment for their children.

Key Statistics of the Neighbourhood

The demographic profile of the area surrounding the property reveals a small community with a population of 514 residents and an average household size of 2.5. The average age of residents is 41.6 years, indicating a mature population. The average household income stands at $78,500, with 13.6% of the population classified as low-income. The housing market reflects an average property price of $224,000, and 41.03% of households are renters, suggesting a significant rental market. Single individuals make up 50% of the population, while households with children represent 35.71%. The area is home to a small percentage of immigrants at 4.81%, and approximately 31.46% of residents hold a college or university degree, reflecting a moderately educated community. Additionally, a notable 52.81% of the population is not in the labor force, which may indicate a reliance on other income sources or retirement. The presence of condos is minimal, at just 5.13%, suggesting that single-family homes may dominate the housing landscape. Overall, this demographic snapshot highlights a diverse and balanced community with a mix of families, singles, and varying income levels.